Areas of Concern

Hackett River Key Facts • Located in the Kitikmeot region, about 350 km southeast of Kugluktuk • No road/rail access - development required to connect concentrate exports to market • Project Status: Advanced exploration and early study work on 5 deposits [Jo, Main, Boot Lake, and East Cleaver] • Previous studies since 1970s (including baseline), concept project proposal in 2008 • There are no other undeveloped zinc/silver projects of this size in Nunavut • Project Phase - Advanced Exploration & Preliminary Economic Assessment Key Competitive Strengths • The Hackett River Project has the potential to be a major driver of jobs and economic growth for the Kitikmeot Region • Construction of an access road and port can lead to other major developments in the area • There will be a need for skilled employees and service providers leading to a high demand for workers of the Kitikmeot Region - especially skilled trades - and opportunities for the next generation of young workers • Potential for resource and project extension Glencore - September 2022 USA HACKETT RIVER PROJECT CANADA USA TAKIJUQ LAKE LUPIN ITCHONLAKE 1:2,000,000 0 12.5 25 50 75 100 Kilometres CORONATION GULF N BATHURST INLET UMINGMAKTOK BATHURST INLET NUNAVUT PROPOSED ROAD GALIGNMENT PORT SITE CONTWOYTO LAKE NWT HACKETT RIVER PROJECT NOSE LAKE GEORGE LAKE Regional Map GLENCORE

View entire presentation